Would a stop loss selling order after a given % drop with an opportunity to buy back have helped?
I use median trends to determine when downturns and upturns are occurring
They can be weekly (slow indicator) or daily (reacting after 1 or 2 days)
More often than not a stop loss sale during a downtrend can provide a buy back opportunity.
Of course you risk a good announcement that catches you by surprise after selling.
Which is more important fear of loss or fear of missing a gain?
The answer might be to hold some and sell some
Especially if the gain locks in a profit.
This is not financial advice from me, just what I have read.
It will not suit everyone and I am asking the question, not advising.
Everyone has different circumstances and their own personal risk profile.
These are the median trends I use for information and research, not intended as advice.
The aim of median trends is to avoid over-reacting to volatile price movements
Weekly to 6th May, then daily for greater short term sensitivity.
Will post example chart in separate message due to message size limitation here.
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Last
68.5¢ |
Change
-0.010(1.44%) |
Mkt cap ! $124.0M |
Open | High | Low | Value | Volume |
69.0¢ | 71.5¢ | 68.5¢ | $167.5K | 240.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 36938 | 68.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
69.0¢ | 3667 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 22340 | 0.685 |
5 | 45550 | 0.680 |
1 | 2000 | 0.670 |
1 | 4500 | 0.665 |
2 | 7000 | 0.660 |
Price($) | Vol. | No. |
---|---|---|
0.690 | 3667 | 1 |
0.700 | 4285 | 1 |
0.710 | 3007 | 1 |
0.715 | 630 | 1 |
0.740 | 4466 | 2 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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